Goldman Sachs raised its Nebius (NBIS) price target to $205 after the $27B Meta AI contract.

Goldman Sachs has significantly raised its price target on Nebius Group (NBIS) to **$205** (up from $155-$160) for 2026, maintaining a "Buy" rating based on strong AI infrastructure demand, a new $27B-$46B total capacity deal, and massive revenue growth. The firm sees 2026 ARR reaching $7B-$9B.  **Key Takeaways from Goldman Sachs Target Reset (April 2026):** * **New Price Target:** $205, reflecting confidence in AI infrastructure expansion. * **Revised Estimates:** Revenue projections for FY2027–2030 were raised by 30% to 54%, driven by a new $27 billion Meta AI compute capacity contract. * **2026 Outlook:** Goldman maintained its previous, robust revenue and EBITDA estimates for 2026, pointing to a potential $3.0 billion to $3.4 billion in revenue. * **Growth Drivers:** The company is seeing immense momentum, with a \~574% to 681% gain over the past year. * **Market Position:** Nebius is viewed as a "core supplier" in the global AI ecosystem with strategic partnerships and major data center developments.